Kyndryl Holdings (KD) Operating Margin (2020 - 2026)
Kyndryl Holdings (KD) posted Operating Margin of 4.46% for Q1 2026, up 29.33% on a QoQ basis from 3.45% in Q4 2025, and down 33.0% year-over-year from 6.65% in Q1 2025.
Kyndryl Holdings (KD) Operating Margin (2020 - 2026) Analysis & Trends
Kyndryl Holdings' Operating Margin history runs 7 years deep, the most recent figure standing at 4.46% for Q1 2026.
- Quarterly Operating Margin fell 33.0% year-over-year to 4.46% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 3.93% (down 56.0% YoY) and the FY2026 annual result came in at 3.94%, down 56.0% from the prior year.
- Operating Margin was 4.46% for Q1 2026 at Kyndryl Holdings, up from 3.45% in the prior quarter.
- Across five years, Operating Margin topped out at 7.05% in Q4 2024 and bottomed at 4.65% in Q3 2022.
- A 5-year average of 2.02% and a median of 3.29% in 2024 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2023 — Operating Margin soared 391 bps — and 2025, when it sank 360 bps.
- Kyndryl Holdings' Operating Margin stood at 4.65% in 2022, then jumped by 168 bps to 3.15% in 2023, then jumped by 124 bps to 7.05% in 2024, then tumbled by 51 bps to 3.45% in 2025, then rose by 29 bps to 4.46% in 2026.
- Business Quant data shows KD's Operating Margin at 4.46% in Q1 2026, 3.45% in Q4 2025, and 3.82% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | 15.24% |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 16.96% |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn | 26.97% |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn | 21.09% |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - | - |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | 12.84% |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 15.57% |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | 16.01% |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | 18.40% |
| 10 | Kyndryl Holdings | 2.66 Bn | 155.98 Mn | 849.00 Mn | 4.46% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.46% |
| Dec 31, 2025 | 3.45% |
| Sep 30, 2025 | 3.82% |
| Jun 30, 2025 | 4.01% |
| Mar 31, 2025 | 4.79% |
| Dec 31, 2024 | 7.05% |
| Sep 30, 2024 | 2.70% |
| Jun 30, 2024 | 3.42% |
| Mar 31, 2024 | 1.56% |
| Dec 31, 2023 | 3.15% |
| Sep 30, 2023 | -0.76% |
| Jun 30, 2023 | -0.43% |
| Sep 30, 2022 | -4.65% |
| Jun 30, 2022 | -4.34% |
| Dec 31, 2021 | -3.87% |
| Sep 30, 2021 | -8.35% |
| Jun 30, 2021 | -6.27% |
| Mar 31, 2021 | -6.62% |
| Dec 31, 2020 | 3.55% |
| Sep 30, 2020 | -3.01% |